Today's Edition
ABU DHABI (ALETIHAD)
Emirates Integrated Telecommunications Company PJSC (du) reported resilient financial results for the third quarter of 2026, recording a 6.2% year-on-year increase in revenue for the first nine months to Dh12.3 billion, with service revenues growing by 6.8% to Dh9 billion.
EBITDA rose by 9.2% to Dh6 billion, reflecting cost efficiency and operational agility, while the EBITDA margin expanded by 1.3 percentage points to 48.7%.
Net profit increased by 10.8% to Dh2.4 billion, reflecting du’s ability to deliver profitable growth during a disruptive first half of the year.
du marked several milestones in 2026, including renewing its telecom licence for a further 20 years, and extending its royalty regime for three years.
The company was included in the MSCI UAE Standard Index and FTSE All-World Index after meeting the relevant inclusion requirements, primarily liquidity.
Revenue for the quarter grew by 7.1%, with growth across all segments, while net profit increased by 7.3% to Dh786 million.
CEO Fahad Al Hassawi said the company demonstrated resilience in its business strategy during a challenging period.
"Revenue rose 6.2% to Dh12.3 billion, EBITDA grew 9.2% and net profit increased 10.8%, reflecting the strength of our operating model and our disciplined execution during a period of disruption," he said.
"Our investments in data centres, cloud and advanced connectivity are extending our role beyond traditional connectivity and positioning du at the centre of the UAE’s digital economy. As enterprises and government entities digitise and scale, we aim to be their trusted partner."
Al Hassawi added: "The renewal of our telecommunications licence for a further 20 years gives us the long-term clarity to plan with confidence. While external conditions remain uncertain, du remains fully committed to delivering for our customers and shareholders, and we are confident in the strength of the UAE’s economy and its prospects for the future.”
